What is Xterio? Information about XTER Token

Table of Contents

1. What is Xterio?

Xterio is a Web3 gaming ecosystem built on the BNB chain, integrating cutting-edge artificial intelligence (AI) technology. As a pioneer in AI-based solutions, Xterio not only applies advanced technologies to gaming tools and experiences but also enhances creativity and gameplay quality.

Leveraging a wide-reaching network, Xterio engages in game development, funding, acquisition, publishing, and distribution with top-tier studios.

The mission of Xterio is to harness the power of AI and Web3 to innovate and expand its gaming ecosystem. Currently, Xterio operates 4 exclusive games and collaborates with over 70 gaming partners, serving 10 million users worldwide.

On January 8, 2024, Xterio will officially list its token, XTER, on major exchanges.

2. Xterio’s Products

2.1. Games

Xterio aims to build a diverse ecosystem with high-quality games, providing the best experiences for players globally. Positioned as the gateway to interactive gaming, Xterio offers powerful platform services for developers and premium games for players.

The Xterio ecosystem currently features over 70 games, including four exclusive titles:

Age of Dino: An MMO (massively multiplayer online) game set in the dinosaur era, developed by Gamephilos Studio.
City Shadows: A first-person shooter (FPS) game set in a crime-ridden city.
Overworld: A multiplayer RPG focusing on storytelling, item collection, and social interaction.
Palio: An AI-driven virtual pet game where players interact with lifelike, emotionally expressive creatures.

Additionally, the ecosystem includes prominent partner games such as Shrapnel, Parcana, and AI Arena.

2.2. Launchpad

Xterio’s Launchpad is a crowdfunding platform for gaming projects within its ecosystem. Here, projects can sell NFTs, rare items, and attract small-scale investors to participate early in their development.

To date, nearly 40 projects have been successfully funded through this platform.

2.3. Marketplace

The Marketplace is a trading hub for items and NFTs from gaming projects within the Xterio ecosystem. It currently supports three blockchains: Ethereum, BNB Chain, and Polygon.

2.4. Xter.ai

Xter.ai is an AI-powered tool integrated into games such as Age of Dino and Palio, enabling developers to create new in-game characters using AI. Developers using Xter.ai can earn rewards from the Xterio ecosystem.

3. Key Features of Xterio

Xterio combines advanced technology with innovative design to deliver the next generation of Web3 gaming experiences:

Web3 Integration: Provides high-quality gaming experiences similar to traditional games while allowing players to own in-game assets via blockchain.
AI Innovations: Develops tools such as AI graphics, emotional intelligence systems, and AI agents, offering unique and immersive gameplay experiences.
Free-to-Play: Created by seasoned game developers and industry experts, focusing on delivering high-quality and entirely free experiences.
Unified Game Universe: Builds a cohesive gaming universe capable of supporting diverse experiences, with potential expansion into other entertainment sectors like movies and music.
NFT Interoperability: Enables NFTs to function seamlessly across games and platforms while safeguarding user privacy.
Multi-Chain Capability: Primarily operates on Ethereum but supports connections with partner chains via bridges. Smart contracts are independently deployed to support games.
Game-as-a-Service (GaaS): Allows developers to focus on off-chain game development while on-chain activities are managed by the platform via APIs.
Game Asset Management Tools: Provides tools for seamless and efficient game asset management.

4. Team

Xterio’s team includes seasoned professionals in gaming and technology:

Michael Tong – CEO & Co-Founder: Former Chief Strategy Officer (CSO) at FunPlus and COO at Netease.
Jeremy Horn – COO & Co-Founder: Previously Vice President of Strategy and Business at Jam City.

5. Investors

Xterio has garnered strong interest from major investors, raising a total of $55 million in two funding rounds:

August 30, 2022: Secured $40 million from notable investors like FTX, Animoca Brands, and Makers Fund.
July 12, 2023: Raised an additional $15 million from Binance Labs, reaffirming the confidence of industry leaders in Xterio’s potential.

6. Overview of XTER Token

6.1. Basic Information

Token Name: Xterio
Token Symbol: XTER
Blockchain: BNB Chain
Smart Contract: (To be announced)
Listing Date: January 8, 2024
Total Supply: 1,000,000,000
Max Supply: 1,000,000,000
Circulating Supply: 97,500,000 (9.75% of total supply)

6.2. Allocation and Vesting Schedule

Community (28%) and Ecosystem (26%): Unlock 2% at TGE, followed by 2% each in months 1, 3, 6, and 9. Remaining tokens vest quarterly over four years starting from month 12.
Investors (15%) and Team/Advisors (12%): Fully locked for one year, then unlock linearly over four years.
Treasury (4.25%): Follows the same schedule as Investors.
Liquidity & Staking (5.75%): Fully unlocked at TGE.

At TGE, 9.75% of the supply, equivalent to 97.5 million XTER, will be in circulation. All tokens are expected to be unlocked within five years.

6.3. Token Utility

In-Game Use: Utilized in ecosystem games, including exclusive and third-party titles.
Platform Transactions: Serves as the primary currency for transactions on the Xterio platform.
Rewards & Incentives: Users earn exclusive rewards for engaging with XTER within the ecosystem.
Cross-Platform Usability: Features cross-utility and bridging, allowing usage across platforms and partnerships.

6.4. Where to Buy XTER

Starting January 8, 2024, XTER will be available for trading on major exchanges like Bybit, Gate.io, and Bitget.

7. Growth Potential

Top Gaming Project on BNB Chain: As the largest gaming project on BNB Chain, Xterio benefits from significant support from Binance.
AI Integration: By leveraging AI, Xterio creates unique and engaging gaming experiences. AI is expected to be a major trend in 2025, further enhancing its relevance.
Strong Investor Backing: With $55 million raised from renowned investors like Makers Fund, Animoca Brands, and Binance Labs, Xterio has substantial financial backing.
Optimized Tokenomics: A five-year token distribution timeline ensures project sustainability. Notably, over 50% of tokens are allocated to players (community and ecosystem).

8. Conclusion

Xterio combines advanced technology, a strong team, and robust investor support to establish itself as a leading Web3 gaming platform. If the project continues to expand its ecosystem and maintain product quality, it has the potential to become a dominant player in the Web3 gaming space.